Job Description:

Company

Federal Reserve Bank of Cleveland

Effective November 1, 2021, the Federal Reserve Bank of Cleveland will require that all employees be fully vaccinated against the COVID-19 virus as a condition of employment. The Bank decided to adopt this requirement after careful review of public health information, workforce data, employee feedback, and the Federal Reserve System’s pandemic recovery plans. The Bank believes that this course of action is important in providing a safe work environment so that we can continue to carry out our responsibilities on behalf of the public.

The Federal Reserve Bank of Cleveland is part of the nation’s central bank.

 We’ve provided many opportunities for professional growth during our history.

For twenty years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.  

Our People Make the Difference! The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future.

Join our team!

Internship Opportunities

Take your skills to the next level and gain valuable experience contributing to work within the Internal Audit Department.

Internal Audit: work with audit team members to prepare independent examinations and evaluations of the adequacy, effectiveness and efficiency of the Bank's system of internal control.

As an Intern, the work you may be doing could look like:

• Preparing financial condition reviews of banks, thrifts and/or credit unions within the Fourth District.


• Preparing management reports and analyses relevant to a specific risk area or risk development (e.g., asset quality trends for District regional and community banks, deposit trends and interest rate exposures, peer comparisons for an applicable risk metrics, etc.).


• Completing projects and ad hoc assignments (e.g., updating cross-district ALLL models, compiling state member bank capital stress testing activities and key parameters, researching Base III developments and related Fourth District implications).


• Participating and assisting in a field examination or inspection of a state member bank or bank holding company. 


• Engaging in leadership and career development activities for your future

Requirements for Audit Internships:

• Currently pursuing an undergraduate or graduate degree in Finance, Accounting, Business, IT/Cyber Security, or a related field with a minimum GPA of 3.0. Should have at least one semester left to complete in school.


• Strong computer/technical skills required. Proficiency with Microsoft Office products, specifically Excel and Access (or familiarity with other data access tools).


• Ability to work in a deadline driven environment and ability to multitask.


• Ability to work both in a group setting and on an individual basis.


• Strong oral and written communication skills.

Note:  This position requires access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System. Protected Individuals include, but are not limited to, U.S. Citizens, U.S. Nationals, and lawful permanent resident aliens (also known as "green card holders") but do not include (i) a permanent resident alien who fails to apply for naturalization within six months of the date the alien first becomes eligible to apply for naturalization and (ii) an alien who has applied on a timely basis, but has not been naturalized as a citizen within 2 years after the date of the application, unless the alien can establish that the alien is actively pursuing naturalization. If you are selected for an interview, you will be required to present documentation of your eligibility prior to the interview.

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Other

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Privacy Notice

Apply Now